Dr. Toran Lal Verma

FDI into fresh production facilities is known as Greenfield investment Brownfield investment Horizontal investment Vertical investment Answer Greenfield investment Explanation FDI into fresh production facilities is known as Greenfield investment. FDI into existing production facilities is known as Brownfield investment. Horizontal foreign direct investment refers to the overseas manufacturing of products and services similar to those the company produces and Read More …

Dr. Toran Lal Verma

Foreign Investment Promotion Board is under the ministry of External affairs Industry Finance PMO Answer 3. Finance Explanation The Foreign Investment Promotion Board (FIPB), housed in the Department of Economic Affairs, Ministry of Finance, is an inter-ministerial body, responsible for processing of FDI proposals and making recommendations for Government approval.

Dr. Toran Lal Verma

Assertion (A): India’s trade policies are still inward-looking Reason (R): The focus of EXIM policy is more on export promotion measures. Codes : Both (A) and (R) are correct and (R) is the correct explanation of (A) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (A) is correct but (R) is incorrect (A) Read More …